Page 6 - Mastercard

Mastercard open to acquisitions in India, to invest $800 mn over 4-5 yrs

Mastercard has over $4.5 billion worth of investment in India

British Court blocks $18 billion class action suit against MasterCard

MasterCard welcomed the judgment, saying the claim was completely unsuitable

Mastercard eyeing to tap growing Indian e-commerce market

Investments in the country by the global credit firm grows by 30% in the last two years

A large number of people are using cards since demonetisation: Mastercard South Asia head

Q&A with Porush Singh, country corporate officer and division president (South Asia), Mastercard

Mastercard rolls out interoperable QR code payment solution

This wallet once downloaded will host a virtual prepaid card that customers can use for cashless transactions

In India, 95 per cent of the transactions are still in cash: Rob Reeg

Interview with president, operations and technology, MasterCard

MasterCard sued for $19 bn in Britain's biggest claim

Some 46 million people in Britain could potentially benefit from a legal case brought against Mastercard

MasterCard to tap MSME, small traders on digital payments

Global time payment processing firm MasterCard today said micro, small and medium enterprises need to go for online payments which currently account for just four per cent of total transactions in the country. "Of the total transactions made in the country, 96 per cent are done through cash transactions. The remaining four per cent is done through digital medium..", MasterCard, Group Head, Senior Vice President, Global Policy Affairs and Community Relations, Ravinder S Aurora told reporters. He said micro merchants comprising kirana stores, small retail shops having 2-5 employees comprise of about 10 crore in the country. "This sector plays a significant role in overall retail industry as it is growing at a rate of 11.5 per cent," he said. MasterCard in association with the Confederation of All India Traders (CAIT) has trained over 50,000 traders across the country under the digital campaign exercise, he added. He said the company operates in 210 countries with ...